Enrol your new starter in to our Digital Marketing Apprenticeship Programme by the 15th May 2022, to be eligible for a government bonus of £3,000.
Make the most of the incentive payment for hiring an apprentice into your business.
Have you been on the fence about hiring an apprentice? Well, this could be the little nudge that you’ve been waiting for. To encourage more businesses to hire apprentices, the Government has set out an incentive payment of £3,000 per apprentice, but the deadline is soon approaching. So if you haven’t made the most of this opportunity yet, there’s still time, and we are here to help navigate you through the process.
What is the apprenticeship incentive payment?
The Government is currently offering all employers an incentive payment of £3,000 for new apprentices of any age who start employment between 1 April 2021 and 30 September 2021.
The incentive payment is in addition to the £1,000 employers are eligible to receive for hiring an
Apprentice who is aged 16 to 18 years old, or an individual between the ages of 19 to 24 who has an education, health and a care plan or who has been in the care of their local authority.
How can I spend the incentive payment?
The payment is different from the apprenticeship levy, meaning you can spend it on anything to support your organisation’s costs and do not have to pay it back. So you can spend it on uniforms, your apprentice’s travel or their salary for example.
How to apply for the apprentice incentive payment
You must apply for each eligible apprentice using your apprenticeship service account to receive the compensation. The deadline for opening your apprenticeship account is 15 May 2022.
The first payment to you will be after an apprentice has completed their first 90 days of their apprenticeship programme, and the government will pay the balance to you after 365 days.
Why hire an apprentice with the School of Marketing?
By employing an apprentice, you are helping to provide job opportunities and high-quality training to the future talent of our industry. We know that it is an employer's responsibility to develop and nurture a pipeline of talent for the organisation’s future from junior team members right through to leadership. Apprenticeships offer a considerable value exchange for both the employer and the apprentice gaining new skills, ideas, and abilities to help grow the business to the next stage.
If you need a friendly reminder of why hiring an apprentice will do wonders for your business and society, then check out our hiring an apprenticeship guide.
At the School of Marketing, our goal is to help your new and existing staff stay at the forefront of change. After all, marketing is an ever-changing industry, and your team need to stay up to date with the latest Digital Marketing tools, trends and techniques.
Our Digital Marketing Apprenticeship Programme is designed to do precisely that by providing your employees with weekly lectures and guest speaker sessions hosted by highly experienced industry experts that are passionate about guiding our future marketing leaders.
Our Apprentices will also get exclusive access to free Mentoring sessions with industry leaders and full access to all of our courses and other resources to help support their development journey.
Find out more about our Digital Marketing Apprenticeship Programme here.